October 12, 2009
Facebook hits 300 million members and starts to make money
In a recent blog post, Facebook founder Mark Zuckerberg has revealed that for the first time the service is starting to turn a profit. This is ahead of Facebook’s self imposed target of being cash-flow-positive by 2010.
Of course, many have argued that with such a large number of users Facebook could hardly fail to successfully monetise their service. Although it has come in for a lot of criticism, Facebook’s business model of selling advertising against user profiles has meant that it has managed to turn users into dollars.
And with the financial news comes that of user numbers, which have now reached 300,000,000. That’s a three fold increase on this time last year.
Zuckerberg said that the financial news meant that Facebook was now a serious independent Internet company. And with such a large and fast growing userbase, it is being seen as a rival to other big Internet brands such as Google and Yahoo.
And he also has much bigger plans for the userbase: 300million, he said, was just a starting point.
Last month of course we reported on the news that Facebook is now the fastest growing search engine. And the site is also currently testing an online payment method.
Are you a fan of Facebook? Have you tried advertising your website using their self serve advertising system? Have you integrated your WebEden website with Facebook? Leave us a comment below
Thanks for the link to the ping site on the twitter today. If I’m having to FB, Tweet, blog, linkedin and possibly tap dance, I’ll need as many tools as I can get to make the whole thing run smoothly!
Took the plunge and visited FB. I have over 100 things that people have invited me to do *shakes head* I don’t know if I can stand it LOL!
AX
Comment by Alison Cross — October 12, 2009 @ 4:49 pm
My oh my! 100 invites - I’m impressed, there’s obviously lots more socialising in Bute than I had thought!
Ping.fm is good - not sure if you’ve noticed that all the Twitter posts include a shortened URL from ping.fm too. You can links about 50 accounts (if you can be bothered). That post was actually just checking that it worked, as we added a few more today ;-)
Why not a fan of WebEden on FB? I could make you the Admin!
Ken
Comment by admin — October 12, 2009 @ 4:58 pm
Oh - invitations to play scrabble, hug rabbits, take part in quiz things….all the sort of stuff that inspires a totally Scrooge like ‘humbug’ from me!
I linked my FB and TABITarot twitter together and keep forgetting that people on my FB will receive my general twitters. Like talking on the phone and forgetting that you’re actually on speaker-phone. Very odd!
Ali x
Comment by Alison Cross — October 12, 2009 @ 5:08 pm